That’s 
stock broking for you – online!
Online stock broking is one sector that has made much reverberations of late. Though the sector is relatively very nascent at this stage, the kind of moneys that even common men have made in the recent past, (as the Sensex more than quadrupled since 2001) has tempted some big international as well as Indian players to chalk aggressive plans for the future in this industry
The action in the online broking business kick-started when investment banking giant JM Morgan Stanley decided to split businesses in February this year; and JM Financial confirmed that it was looking for a buyout in the brokerage business. This was followed by the Zurich based research powerhouse Credit Suisse, which opened its securities brokerage operations in March, 2007. Anand Rathi Securities, Geojit Financial services, Indiabulls, Edelweiss, Motilal Oswal securities are some of the brokerage houses, which have raised money in the last few months or so, through PE or foreign investors, to fuel their growth plans.
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stock broking for you – online!Online stock broking is one sector that has made much reverberations of late. Though the sector is relatively very nascent at this stage, the kind of moneys that even common men have made in the recent past, (as the Sensex more than quadrupled since 2001) has tempted some big international as well as Indian players to chalk aggressive plans for the future in this industry
The action in the online broking business kick-started when investment banking giant JM Morgan Stanley decided to split businesses in February this year; and JM Financial confirmed that it was looking for a buyout in the brokerage business. This was followed by the Zurich based research powerhouse Credit Suisse, which opened its securities brokerage operations in March, 2007. Anand Rathi Securities, Geojit Financial services, Indiabulls, Edelweiss, Motilal Oswal securities are some of the brokerage houses, which have raised money in the last few months or so, through PE or foreign investors, to fuel their growth plans.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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